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Tbh, as much as anyone would like to lower it to <10%, it would provide no compelling case to anyone looking for such yields.
Just take MSTR's lineup of preferred stocks, STRK, STRF, STRD, and STRC. They offer an APR of 8-12%, have good liquidity, and are traded worldwide in the stock exchange.
Why would anyone want to put their money into a much lesser known and significantly smaller pool like HIVE? More risk, less rewards. It's dead from the get go.
There is absolutely no use case for high apr on hbd other than to make hbd holders happy and in the end this pushes towards the haircut and the same hbd holder would be the ones paying the price once the haircut is reached...
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